The US president, Donald Trump, consumes his tariff threats and puts his commercial partners in suspense. If at the beginning of the week he announced that he would apply rates of up to 25% to the imports of steel and aluminum, yesterday he undertook a second onslaught: he will impose reciprocal tariffs to its commercial partners. The news has not sat very well in the European Union. The community block has warned this Friday that it will react “firm” and “immediate” to unjustified commercial measures “.
“The EU will react firm and immediately against unjustified barriers to free and fair trade, even when tariffs are used to question legal and non -discriminatory policies. The EU will always protect companies, workers and European consumers against unjustified tariff measures “The European Commission has indicated in a statement this Friday, some measures that, consider Van” in the wrong address. ”
The Republican leader signed yesterday a memorandum by which reciprocal tariffs will be imposed to countries that tax US imports. “I have decided, for the principle of equity, that I will charge a reciprocal tariff,” Trump said in the Oval office. “It’s just for everyone. No other country can complain.”
The measure will not enter into force for weeks or months although Trump’s announcement has already react to its commercial partners. The idea is to balance the rates that other countries apply to the exports of the North American country and although, until this week, Brussels had remained in a more friendly tone, the head of the Community Executive, Ursula von der Leyen, already warned this week this week that it would respond with “reciprocal and provided” measures to Trump’s tariffs.
The community executive has defended that the EU maintains one of the lowest tariffs in the world and “does not see any justification” to increase European exports rates to the US. “We believe in commercial associations that are mutually beneficial and balanced, based on transparency and justice,” he continued
“By imposing these tariffs, the EU is imposing more taxes on its citizens, raising costs for companies, hitting growth and promoting inflation,” said the EU, which has valued that tariffs increase “economic uncertainty and affects the efficiency and integration of global markets. ”
The EU has affected the American tycoon who, for decades, the community block has worked with commercial partners such as the United States to reduce tariffs and other commercial barriers globally, an effort that “now the US is undermining.”
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The EU warns that it will react “firm” and “immediate” to the reciprocal tariffs announced by Trump
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